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Good. The sooner it collapses the sooner rebuilding can start. The Euro zone is going to fly apart like a jet engine ingesting a moose. Because if they can't save Greece, they sure as heck can't save Italy and Spain. That in turn is going to knock the legs out from under banks all over the world.

Reality must be faced. Every day it is postponed the worse the reckoning will be when inevitably the bill comes due. If the must happen let it please happen before November. So long as the PPT keeps fake market prices pumped above 10,000 Obama stays in office. So let the collapse happen now. That way people will feel it full and hard before the elections.

If the document in question exists and has some degree of truth it doesn't surprise me.

I have Freeped already about an interesting statement that came out of Europe in December 2010; the EU, ECB, and Franco-German cabal announced that they were scheduling monthly crises meetings focused on the Greek debt. This announcement, if I remember correctly, came AFTER they same group of people announced that the Greek debt crises was almost solved - as soon as they could collect some signatures it would be solved.

Excuse me. But, if the crises was almost solved why schedule regularly scheduled crises meetings for an entire year to solve it? Yes, my head spun on that sentence too. But the basic question remains - has anyone been involved in monthly crises resolution meetings for a crises that is almost solved?

The financial crises in Europe can be summed up in a series of “can not statements”

1. The Greek politicians can not get any more “free” money (money not generated by taxes).
2. The Greek politicians can not stay in power without more “free money” to buy off the Greek population.
3. The European politicians can not offer Greece any more “free money” because to do so they will be unable to buy off their own populations.

Until at least one of those statements is changed Greece, Europe, and quite probably the Republic is doomed to sink farther into debt as the crises feeds on itself.

Dame Thatcher said it best - Liberalism fails when you run out of other people's money.